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it's the case he had been on two issues, on handling the deficit, on the economy more broadly and some extent on what making washington work and overcoming partisan paralysis, those are issues he was ahead of obama until recently, and was ahead of obama with female voters until recently. the reason you're seeing that ad right now, the biggest and most troubling change in the polling in the last two weeks has been the shift in the right track/wrong track numbers and concurrently the shift of obama being given the edge over romney on those issues where the only place romney had a lead. they are, you know -- obviously don't want to talk about the issues that are toxic with female voters but must win back some of the suburban female votes on economics, deficit, stuff like that. they see that as an imperative and that's why that ad is out there. >> i don't think you say to your baby to, welcome to america. the first of the ad is so bizarre. hi, honey, welcome to our family. >> welcome to a baby -- welcome to america, baby, you're teething and have $50,000 in debt. after the break while the
it's the case he had been on two issues, on handling the deficit, on the economy more broadly and some extent on what making washington work and overcoming partisan paralysis, those are issues he was ahead of obama until recently, and was ahead of obama with female voters until recently. the reason you're seeing that ad right now, the biggest and most troubling change in the polling in the last two weeks has been the shift in the right track/wrong track numbers and concurrently the shift of...
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he's increased the deficit a trillion dollars a year. so let's start with the failures of this administration. mitt romney has said look, we've got to cut spending, we're broke, we've overpromised, we've overspent -- >> but sir -- >> and -- >> governor, where would he cut the spending. >> let's trust him on that. >> you cut a lot of domestic -- we've already got a plan to cut a trillion -- $1.2 trillion. half of it is balanced on defense spending in a time of war. that's a mistake. and so i think we need to cut trillions of dollars in order to get our budget balanced. and you could start with cutting two or three or 4% almost across the board some of the things that other governors have done, by i think you target it in those areas where the spending has not produced tangible results in the quality of life for the people. i can just tell you, andrea, i did it in virginia, governors like christie and scott and kasic and walker have done it in all of their states, mitt romney did it when he was governor of massachusetts, $3.5 billion defic
he's increased the deficit a trillion dollars a year. so let's start with the failures of this administration. mitt romney has said look, we've got to cut spending, we're broke, we've overpromised, we've overspent -- >> but sir -- >> and -- >> governor, where would he cut the spending. >> let's trust him on that. >> you cut a lot of domestic -- we've already got a plan to cut a trillion -- $1.2 trillion. half of it is balanced on defense spending in a time of war....
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mitt romney doesn't have a deficit plan. he's got a plan to cut taxes for millionaires and billionaires. one of the things that will be interesting wednesday, if he'll finally explain hows had math adds up. he's got a $5 trillion tax cut and nour $2 trillion in defense spending that our defense leaders say they don't need if he's not going to add to the deficit, the middle class better watch out because they're going to pay the burden if he's elected president, because the whole is just too big. so if he says he's not going to burden the middle class, then he's going to blow a hole in the deficit. >> will we see president obama on "meet the press" before election day? >> there's 37 days left. so we'll stay in contact about it. >>> coming up, we talk more about the first debate. what are the stakes for both campaigns. the round table will get into it founder of the faith and freedom coalition, ralph reed, former democratic pennsylvania governor, ed rendell. the bbc's catty kay and nbc's chuck todd. here's what happened... i w
mitt romney doesn't have a deficit plan. he's got a plan to cut taxes for millionaires and billionaires. one of the things that will be interesting wednesday, if he'll finally explain hows had math adds up. he's got a $5 trillion tax cut and nour $2 trillion in defense spending that our defense leaders say they don't need if he's not going to add to the deficit, the middle class better watch out because they're going to pay the burden if he's elected president, because the whole is just too...
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it's going to be deficit neutral. you say you're going to close loopholes, deal with deductions, so let's talk about those deductions. you know, home mortgage deduction, charitable giving deduction, health care deduction. are you willing to tell the middle class -- >> tax deduction. >> are you willing to tell the middle class some of these are off the table? if you are, how do you pay for it? >> he's not going to. he has bucket, 17 grand. is that not good enough for you? >> that's the problem. if he starts getting specific like that, what the right wants to hear is not what 80% of the country wants to hear. that's the fundamental problem he has. >> the bar is pretty low for mr. romney. how does he get through the 90 minutes without any further problems? very quickly. >> i've been a big fan of the fact that mitt romney is the gift that keeps on giving. listen, if mitt romney doesn't produce a verbal or a physical gaffe tonight, then by and large, i think the republicans will probably say that he won. but, i think that
it's going to be deficit neutral. you say you're going to close loopholes, deal with deductions, so let's talk about those deductions. you know, home mortgage deduction, charitable giving deduction, health care deduction. are you willing to tell the middle class -- >> tax deduction. >> are you willing to tell the middle class some of these are off the table? if you are, how do you pay for it? >> he's not going to. he has bucket, 17 grand. is that not good enough for you?...
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numbers guy, a budget guy, he's showing voters who come to these rallies exactly, and in raw numbers, the deficit problem the country has and he said that mitt romney is the better candidate to try to reverse the trend that the united nations government has been on in the past four years. so we'll have to see if he sharpens that attack even more today. but clearly they know they've got some challenges ahead, in new hampshire, of course the battleground state just four electoral votes there. in this tight race four votes could mean the difference between who is president and who is not. they want to fight hard. mitt romney's adopted home state there, if you will. >> right, so he'll be doing that for sure in new hampshire and then in ohio today. okay, thank you very much, ron mott appreciate that. >>> let's get more on the president's surge in the polls. he is increasing his lead in a number of key swing states. he's leading in all nine nbc/"wall street journal"/marist polls taken over the last three weeks. let's talk about what's happening from the gop perspective. because some there are complaini
numbers guy, a budget guy, he's showing voters who come to these rallies exactly, and in raw numbers, the deficit problem the country has and he said that mitt romney is the better candidate to try to reverse the trend that the united nations government has been on in the past four years. so we'll have to see if he sharpens that attack even more today. but clearly they know they've got some challenges ahead, in new hampshire, of course the battleground state just four electoral votes there. in...
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. >> he was going to use that money to reduce the budget deficit. i'm putting it back into medicare and i'm the guy running for president. >> well, what a miserable time he has. all he does is defend himself against paul ryan's budget and he put the guy on the ticket. >> chris, i remember when this happened. when he put ryan on the ticket, a lot of democrats said, okay, it's over, we've got it. and i was skeptical about that when they said it, and i think a lot of us who like to hear intellectual debates about policy said, great, bring it on, let's have a big debate about the philosophy of government. down in florida they don't care about the philosophy. >> all politics is local. >> they want the program, they like the program, don't mess with the program. >> thank you, howard. thank you very much for joining us. coming up, claire mccaskill versus todd aiken. it became a good bet for democrats. let's see how it is looking now. claire mccaskill, herself, joins us next. >>> with four judges in the supreme court in their 70s, the next president could d
. >> he was going to use that money to reduce the budget deficit. i'm putting it back into medicare and i'm the guy running for president. >> well, what a miserable time he has. all he does is defend himself against paul ryan's budget and he put the guy on the ticket. >> chris, i remember when this happened. when he put ryan on the ticket, a lot of democrats said, okay, it's over, we've got it. and i was skeptical about that when they said it, and i think a lot of us who like...
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ten years ago we had a $1 billion trade deficit with china bilateral. today it's $10 billion and that's not -- that's not based on chinese efficiency and productivity, it's based on a whole lot of subsidies in other ways which the obama administration has figured out. the reason it won't be a trade war is that the fears that sort of the outsourcers always try to stoke in the american public and among the media and certainly in congress is that we are such a huge market for china. something like more than 1/4 of chinese exports come to the united states. if you have a customer that's unhappy with you and that customer buys 20 or 30 or 40% of your products, you're not just going to turn your back, you're going to work with them. and the chinese work with us when we actually stand up to them on these issues. president clinton did it with intellectual property from time to time and the chinese would respond. there would be histrionics, they'd scream and yell and then they'd change their behavior a little bit. the same with these issues when we've enforced t
ten years ago we had a $1 billion trade deficit with china bilateral. today it's $10 billion and that's not -- that's not based on chinese efficiency and productivity, it's based on a whole lot of subsidies in other ways which the obama administration has figured out. the reason it won't be a trade war is that the fears that sort of the outsourcers always try to stoke in the american public and among the media and certainly in congress is that we are such a huge market for china. something like...
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if you're a republican and deficits with minorities and women, you need those white seniors to show up in large numbers for you. maybe they won't really understand that they fit into this category. there is a fair number of people who think this other people who are drawing on government subsidy in one way or another. but that vision part of this debate is going to be interesting because mitt romney has set himself up for some pretty difficult territory. are people on social security the kinds of voters that you are talking about, mr. romney, in this debate tonight, when you say government is paying too big a role in people's lives. that's a tricky one for him to walk out of. >> are the elderly moochers? he's going to have to answer that question. >> service members on disability? i mean same thing. >> coming on the heels of the romney campaign trying to use joe biden's biden-esque turn of phrase the middle class has been buried and you know, biden has walked that back, you know, is it an indictment of the president? look if you're going to fight for the ground on the middle class i do
if you're a republican and deficits with minorities and women, you need those white seniors to show up in large numbers for you. maybe they won't really understand that they fit into this category. there is a fair number of people who think this other people who are drawing on government subsidy in one way or another. but that vision part of this debate is going to be interesting because mitt romney has set himself up for some pretty difficult territory. are people on social security the kinds...
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it's the only area that he beats the president 4% in terms of the deficit. but before you celebrate that -- >> i'm celebrating that. >> -- the bloomberg poll finds that 50% of americans view him unfavorably. 50%. that's the worst september rating for a presidential challenger in three decades of the poll. the worst. >> it's really bad. and you've got republicans saying, just wait for the debates. that's when people are going to tune in. >> every time he's had one of these moments -- and every time he's had one of these moments, not only has he failed to capitalize on them, in fact, he's fallen further behind. i don't think mitt romney is up to the task of turning this thing around and i don't think there are enough undecided voters left. >> bob, he's still digging in, feeling he could win white working-class voters in ohio on this welfare claim. he's sticking to his guns on the claim that the president wants to roll back work requirements for welfare even though politofact take a look at what he says. >> any time there's anything that has been amiss, we corr
it's the only area that he beats the president 4% in terms of the deficit. but before you celebrate that -- >> i'm celebrating that. >> -- the bloomberg poll finds that 50% of americans view him unfavorably. 50%. that's the worst september rating for a presidential challenger in three decades of the poll. the worst. >> it's really bad. and you've got republicans saying, just wait for the debates. that's when people are going to tune in. >> every time he's had one of...
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you want to do this with the deficit. i want to do that. it's like the reason i want to do this is because i have a different set of values than republicans. >> what are those values? spell them out. >> using government as a communal progressive force to protect the safety net and to come together and invest in innovation, education, infrastructure. we're in it together. versus the ryan budget, which used as a stand-in first republican nominee, which says we're on it alone, get rid of government and give you a voucher, find medicare on your own. here comes romney and he sort of fits the mold. he's a 1 percenter. he shows no empathy, even before the 47%. >> a pure market guy. >> they use bain, from the beginning, as cynthia noted, as a value. he's out there making money. i'm thinking of wider ames and goals. >> a new bloomberg goal that has president obama leading mitt romney by six points nationally. for one big reason, half of the polls say they have an unfavorable view of mitt romney. bloomberg reports, this is a september high for a pres
you want to do this with the deficit. i want to do that. it's like the reason i want to do this is because i have a different set of values than republicans. >> what are those values? spell them out. >> using government as a communal progressive force to protect the safety net and to come together and invest in innovation, education, infrastructure. we're in it together. versus the ryan budget, which used as a stand-in first republican nominee, which says we're on it alone, get rid...
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we have this huge deficit. we have crumbling infrastructure in america, we have huge problems here, and we're a lot safer today on the afghanistan/pakistan border because of the drones. you know, it's not just that bin laden is gone. al qaeda's greatly, greatly weakened in that part of the world, so we're a lot stronger today than we were -- a lot safer from al qaeda than we were five years ago, ten years ago. so it's not that nothing has been accomplished, but having more troops stay there and try to win over the hearts and minds of the various tribes, it's tough in iraq, but it's even tougher in afghanistan. i think the president's done the rite thing, a clear deadline and we're getting out. >> to take you back home with the election coming up, what is your understanding of what the president would do in a second term to deal with the fiscal cliff and to help create jobs? >> i think you're going to see real leadership from the president from the get-go from the day after the election. i think that he believes
we have this huge deficit. we have crumbling infrastructure in america, we have huge problems here, and we're a lot safer today on the afghanistan/pakistan border because of the drones. you know, it's not just that bin laden is gone. al qaeda's greatly, greatly weakened in that part of the world, so we're a lot stronger today than we were -- a lot safer from al qaeda than we were five years ago, ten years ago. so it's not that nothing has been accomplished, but having more troops stay there and...
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>> when i ran for president, i said we could cut the deficit in half and we cut it by 60%. i said our economic plan would produce 8 minullion jobs and we created 10 million jobs. >> i can only tell thaw i don't think senator dole is too old to be president. it's the age of his idea that i question. >> abby, if the president ignores him and goes as clinton did in '96, does that neutralize what you think is a good debater in mr. romney? >> that's exactly what mr. obama has to do. he has to remain calm and look like he is the commander in chief that he is for the united states and if he can -- if obama can be just who he is, there's no way that romney can get the narrative that he actually wants. but if obama can be himself, then i think that he will be just fine. >> abby, neera, thanks for your time and i think you're right, if the president is who he is and mr. romney is who he is, i think that will work to the president's favor. we'll be right back. >> thanks. oh no, not a migraine now. try this... bayer? this isn't just a headache. trust me, this is new bayer migraine. [ m
>> when i ran for president, i said we could cut the deficit in half and we cut it by 60%. i said our economic plan would produce 8 minullion jobs and we created 10 million jobs. >> i can only tell thaw i don't think senator dole is too old to be president. it's the age of his idea that i question. >> abby, if the president ignores him and goes as clinton did in '96, does that neutralize what you think is a good debater in mr. romney? >> that's exactly what mr. obama has...
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we can create jobs, we can deal with the federal deficit, and, yes, we can have a foreign policy where we stabilize these parts of the world if we'll just act in the traditions of bipartisan foreign policy since world war ii. i think that's going to be his basic message. >> in the op-ed there was a phrase used, soft power. i guess what does that mean? what would they have done differently with libya? >> well, here's what should have happened. first, ideally you anticipate the arab spring. if you can't do that, when it happens you set forth a very clear vision of where the region ought to go, in the direction of a constitutional government. you actually get involved in these countries. you learn the elements that want those things. you support them and give them credibility. you identify the elements that don't want those things. you oppose those. you actually use the tools. >> do you think the united states should take a stand in open den dmitri caratic elections in a place like egypt? >> we should set forth a vision and identify and give credibility to the country that has those. you
we can create jobs, we can deal with the federal deficit, and, yes, we can have a foreign policy where we stabilize these parts of the world if we'll just act in the traditions of bipartisan foreign policy since world war ii. i think that's going to be his basic message. >> in the op-ed there was a phrase used, soft power. i guess what does that mean? what would they have done differently with libya? >> well, here's what should have happened. first, ideally you anticipate the arab...
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. >> making government smaller, don't build these massive deficits that pass debt onto our kids. rebuild the foundation of america's strength with great homes, great schools, with entrepreneurship and innovation. >> there's no bigger purpose right now than making sure that if people work hard in this country, they can get ahead. that's the central american idea. that's how we sent a man to the moon, because there was an economy that worked for everybody and that allowed us to do that. >> great homes. >> maybe we can build a bunch of homes with elevators -- >> mcmansions. let me ask you, bobby shrum, what would you -- i'd ask him what government agencies or departments -- you say you're going to make it smaller -- would you get rid of? >> that's tough. he's there and got a pretty honed answer that appeals at a kind of general level to people's anti-government impulse but we know when you look at the polls that if you ask them about medicare, the department of education, social security, environmental protection -- >> energy. >> there's huge support for all of these. i suspect that
. >> making government smaller, don't build these massive deficits that pass debt onto our kids. rebuild the foundation of america's strength with great homes, great schools, with entrepreneurship and innovation. >> there's no bigger purpose right now than making sure that if people work hard in this country, they can get ahead. that's the central american idea. that's how we sent a man to the moon, because there was an economy that worked for everybody and that allowed us to do...
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. >> he was going to use that money to reduce the budget deficit. i'm putting it back into medicare and i'm the guy running for president. >> what a miserable time he has. he put the guy on the ticket. >> i remember when this happened. when he put ryan on the ticket, a lot of democrats said okay, it's over. we've got it. and i was skeptical about that. when they said it. and i think a lot of us who like to hear intellectual debates about policy said great, bring it on. let's have a debate about the philosophy of government. down in florida, they don't care about the philosophy. they want the program. they like the program. don't mess with the program. >> let's go to something really big here joy. i like this guy so much. this is jim webb who's retiring as the senator from virginia. he's a democrat, but a different kind of democrat. remember when romney was saying there's the takers and the makers out there. included among the takers are those people who have served us in uniform may have been dismembered in some cases. dealing with the injuries and
. >> he was going to use that money to reduce the budget deficit. i'm putting it back into medicare and i'm the guy running for president. >> what a miserable time he has. he put the guy on the ticket. >> i remember when this happened. when he put ryan on the ticket, a lot of democrats said okay, it's over. we've got it. and i was skeptical about that. when they said it. and i think a lot of us who like to hear intellectual debates about policy said great, bring it on. let's...
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focus on the very dear consequences that could result from the fiscal cliff actually resulting in a 4% deficit reduction, good news, but very bad news, contraction of about 2% of gdp which brings the u.s. growth based on our forecast to zero. this is something that is very, very serious. >> you sit and watch these politicians around the world, and here in the united states, and you see refusal to come to terms, to make tough decisions, refusal to even negotiate. what are the possible consequences of this? >> more crisis to come. and i just would hope that decision makers can actually come to terms, show a spirit of compromise in order to avoid yet another xri mice. -- crisis. we all have had enough of the crises in the last few years and everybody is looking for something that is better for households, better for enterprises, and better for people. >> your athe first woman managing director, the first woman to lead this national institution, and a woman at the head of global finance. what is that challenge in terms of just the gender politics and being a path breaker? >> i have to do my job li
focus on the very dear consequences that could result from the fiscal cliff actually resulting in a 4% deficit reduction, good news, but very bad news, contraction of about 2% of gdp which brings the u.s. growth based on our forecast to zero. this is something that is very, very serious. >> you sit and watch these politicians around the world, and here in the united states, and you see refusal to come to terms, to make tough decisions, refusal to even negotiate. what are the possible...
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see how they affect massachusetts, our country and debt and deficit and vote. i am a reliable vote for the bill. >> theme of the evening, independence good, partisanship bad. >> vote about 50% with my party and 50% with the democratic party and that's a lot different than what professor warren would do to be in lock step. >> when senator brown talks here in massachusetts about how very bipartisan he is and end pent he is he's not saying the same thing when he goes around the country raising money in this senate campaign. >> aliens watching the debate could be forgiven for voting in lock step is a criminal offense. warren accused brown of consistently voting with republican leadership to block jobs bills put forward by the president while brown said compromise was a foreign concept to the ultraliberal warren. with all political events this evening not without its gaffes. >> can you name some republicans in the senate today that you are able to work with on big, substantive issues that the country face this is. >> probably richard lugar would come to mind. >> he'
see how they affect massachusetts, our country and debt and deficit and vote. i am a reliable vote for the bill. >> theme of the evening, independence good, partisanship bad. >> vote about 50% with my party and 50% with the democratic party and that's a lot different than what professor warren would do to be in lock step. >> when senator brown talks here in massachusetts about how very bipartisan he is and end pent he is he's not saying the same thing when he goes around the...
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. >> he was going to use that money to reduce the budget deficit. i'm putting it back into medicare and i'm the guy running for president. >> well, what a miserable time he has. all he does is defend himself against paul ryan's budget and he put the guy on the ticket. >> chris, i remember when this happened. when you put ryan on the ticket, a lot of democrats said, okay, it's over, we've got it. and i was skeptical about that when they said it, and i think a lot of us who like to hear intellectual debates about policy said, great, fwring it on, let's have a big debate about the philosophy of government. down in florida they don't care about the fill loss pi. >> all politics a local. >> they want the program, they like the program, don't mess with the program. >> let's go to something really big because i like this guy so much. this is jim webb who is retiring as the senator from virginia. he's a democrat but a different kind of democrat. many people, including me, believe he's eviscerated romney with these words he spoke. remember what romney was sa
. >> he was going to use that money to reduce the budget deficit. i'm putting it back into medicare and i'm the guy running for president. >> well, what a miserable time he has. all he does is defend himself against paul ryan's budget and he put the guy on the ticket. >> chris, i remember when this happened. when you put ryan on the ticket, a lot of democrats said, okay, it's over, we've got it. and i was skeptical about that when they said it, and i think a lot of us who like...
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. >> he was going to use that money to reduce the budget deficit. i'm putting it back into medicare and i'm the guy running for president. >> well, what a miserable time he has. all he does is defend himself against paul ryan's budget and he put the guy on the ticket. >> chris, i remember when this happened. when you put ryan on the ticket, a lot of democrats said, okay, it's over, we've got it. and i was skeptical about that when they said it, and i think a lot of us who like to hear intellectual debates about policy said, great, bring it on, let's have a big debate about the philosophy of government. down in florida they don't care about the philosophy. >> all politics is local. >> they want the program, they like the program, don't mess with the program. >> let's go to something really big because i like this guy so much. this is jim webb who is retiring as the senator from virginia. he's a democrat but a different kind of democrat. many people, including me, believe he's eviscerated romney with these words he spoke. remember what romney was sayi
. >> he was going to use that money to reduce the budget deficit. i'm putting it back into medicare and i'm the guy running for president. >> well, what a miserable time he has. all he does is defend himself against paul ryan's budget and he put the guy on the ticket. >> chris, i remember when this happened. when you put ryan on the ticket, a lot of democrats said, okay, it's over, we've got it. and i was skeptical about that when they said it, and i think a lot of us who like...
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and since then, look, we've had trillion-dollar deficits. every single year, he's added $5 trillion to the national debt. you've had all the bailouts. you've had so many things that mitt romney could run on, and he hasn't been able to do it. willie, that is the ongoing frustration that this man has been given more material than any republican nominee since ronald reagan in 1980, and he can't seem to connect the dots and explain why a conservative economic world view should be used to turn this economy around. it is a daily frustration for conservatives. >> and daniel hopes mr. romney will take up this point at the debate six days from now. steve, let's inside these numbers. you've got some charts explaining president obama's recent surge in the polls. >> yes, because while i agree with a lot of what joe said, there are some substantive reasons why president obama should be doing better at the moment. they don't get as much attention. so let's talk a little about it. first, nobody is happy with the state of the economy at the moment. 2% growt
and since then, look, we've had trillion-dollar deficits. every single year, he's added $5 trillion to the national debt. you've had all the bailouts. you've had so many things that mitt romney could run on, and he hasn't been able to do it. willie, that is the ongoing frustration that this man has been given more material than any republican nominee since ronald reagan in 1980, and he can't seem to connect the dots and explain why a conservative economic world view should be used to turn this...
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and most americans don't believe you have to touch medicare to take care of the deficit or the debt. >> listen, it's a numbers issue right? i'm a numbers guy. used to be 40 years ago that you had two people in america working to pay for every one retiree. now it's basically, you know, one worker paying for 10 to 20 different retirees because we've got this horrific demographic shift, 7500 people turning 60 every day. you're right. the numbers are unsustainable. what was interesting about your chart was this. i'll tell you what. the president is glad the election is only 39 days away. because yesterday kind of quietly, i don't want to get wonky, we had dismal economic data. we referenced it at the top. durable goods was terrible. boeing sold only one aircraft in august. gdp was revised down. 25% of people, i can't remember the source of the poll, basically said they'll slow down spending because of the fiscal cliff issue. things are slowing down because people, smart viewers of "morning joe" and cnbc know that we're going to get the biggest tax hike in history if congress doesn't do s
and most americans don't believe you have to touch medicare to take care of the deficit or the debt. >> listen, it's a numbers issue right? i'm a numbers guy. used to be 40 years ago that you had two people in america working to pay for every one retiree. now it's basically, you know, one worker paying for 10 to 20 different retirees because we've got this horrific demographic shift, 7500 people turning 60 every day. you're right. the numbers are unsustainable. what was interesting about...
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Sep 26, 2012
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and if you can't get back to growth, then the deficits will get worse and not better. and this is the cycle of decline that europe is facing. >> mark halperin. >> prime minister, i take your point about the medium and longer-term issue. how important from a practical and psychological point of view is it to europe for america to have an election and then move to get our fiscal house in order? >> i think it's going to be important that europe and america cooperate to get the world economy moving forward. that's the most important thing. you see, i don't understand, since the rescue of the world economy in 2009, there is virtually no cooperation between america, china, india, europe to get the world economy moving forward. you, america, need to export to the rest of the world. you can't stimulate your economy simply by domestic consumption or public spending or public investment. you need to sell to the rest of the world. china needs to grow, and it needs to sell to europe and america. that's the blasz of a global growth agreement. china concerns more. you probably do a
and if you can't get back to growth, then the deficits will get worse and not better. and this is the cycle of decline that europe is facing. >> mark halperin. >> prime minister, i take your point about the medium and longer-term issue. how important from a practical and psychological point of view is it to europe for america to have an election and then move to get our fiscal house in order? >> i think it's going to be important that europe and america cooperate to get the...
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Oct 3, 2012
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going to do anything on medicare and medicaid when that's one of the biggest drivers of our budget deficit. >> wow! all right. >> so that was a portion of what the president said when bob asked him about a meeting on medicare that he had with harry reid, and then the speaker of the house, nancy pelosi. he's saying we've got to cut medicare. we've got to be responsible. democrats are saying no, we can't do that. and now the president, after telling boehner he would do that, is going out on the campaign trail saying those bad republicans want to cut medicare. by the way, this isn't about this election. this is about what happens after this election. how does this president -- >> exactly. >> -- after saying to the republicans, i'm going to cut medicare, which, again, is a responsible thing to do, the only thing you can do if you want to save the program, how can this president then get re-elected and go back to boehner and go, you know what? i said i'd cut medicare, and then i demagogued it and attacked you guys on the campaign. >> well, in his own words, he said it's bad politics to not draw
going to do anything on medicare and medicaid when that's one of the biggest drivers of our budget deficit. >> wow! all right. >> so that was a portion of what the president said when bob asked him about a meeting on medicare that he had with harry reid, and then the speaker of the house, nancy pelosi. he's saying we've got to cut medicare. we've got to be responsible. democrats are saying no, we can't do that. and now the president, after telling boehner he would do that, is going...